Hondajet = Sky King

Hondajet is a forthcoming product (scheduled for 2010) of Honda Aircraft Company based in Greenboro, NC. Today, the company announced a $100 million investment will be made in the new facility. Almost 300 new jobs with an average pay of $70K will be created over the next five years.

The product is an executive jet capable of seating 6 with a top cruising speed of 420 knots and a range of 1180 miles. It will also have a fuel efficiency gain over comparable jets of 30-35%. And you can have one for only $3.65 million. As of last October, well over 100 people had plopped down deposits for one. I'm sure that number is higher now.

If Honda doesn't become king of the world - Toyota will.